Stamps.com Inc. (STMP) Updates FY12 Earnings Guidance
Stamps.com Inc. (STMP) issued an update on its FY12 earnings guidance on Thursday morning. The company provided EPS guidance of $1.55-1.75 for the period.
Shares of Stamps.com Inc. (STMP) traded up 3.86% during mid-day trading on Thursday, hitting $21.80. Stamps.com Inc. (STMP) has a 52 week low of $18.62 and a 52 week high of $33.73. The company has a market cap of $357.8 million and a P/E ratio of 8.59.
Stamps.com last announced its earnings results on Thursday, October 25th. The company reported $0.50 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.38 by $0.12. Stamps.com’s revenue was up 16.7% compared to the same quarter last year.
Stamps.com Inc. is a provider of Internet-based postage solutions. The Company’s customers use its service to mail and ship a variety of mail pieces, including postcards, envelopes, flats and packages, using a range of the United States Postal Service (the USPS) mail classes, including First Class Mail, Priority Mail, Express Mail, Media Mail, Parcel Post and others.
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